Digital manufacturing service supplier Shapeways has introduced its resolution to switch its itemizing to The Nasdaq International Market from the New York Inventory Trade.
The corporate expects its frequent inventory and warrants to record on Nasdaq on the open of enterprise on August 1, 2023, underneath the symbols “SHPW” and “SHPWW”.
Shapeways introduced its public itemizing through a merger with Galileo Acquisition Corp, a Particular Function Acquisition Firm (SPAC), in April 2021.
“We’re excited to maneuver to Nasdaq and be part of lots of the world’s main expertise corporations as Shapeways continues to push the boundaries of digital manufacturing and software program options,” commented Greg Kress, CEO of Shapeways. “This transfer ought to permit us to profit from Nasdaq’s cost-effective providing, whereas additionally offering us with a platform to increase our market presence, attain a broader investor base, and speed up our development trajectory. This transition displays our dedication to innovation, buyer success, and shareholder worth creation.”
“We’re glad to welcome Shapeways to the Nasdaq household and stay up for supporting their continued development and give attention to shareholder worth,” added Karen Snow, International Head of Listings at Nasdaq.
Shapeways has been buying and selling publicly for round two years, having construct its status as a supplier of digital manufacturing capabilities, together with 3D printing. Applied sciences from Carbon, Desktop Metallic, EOS and 3D Techniques are amongst Shapeways’ 3D printing providing.
